MIT Sloan School of Management based in Cambridge, Massachusetts offers a fully funded PhD in Business. PhD Program curriculum at MIT Sloan is organized under the following three academic areas: Behavior & Policy Sciences; Economics, Finance & Accounting; and Management Science. Students in good academic standing in the PhD program receive a granted funding package that includes tuition, medical insurance, and a stipend. They also provide a new laptop computer and a conference travel/research budget. Students receive full academic year tuition plus a monthly stipend of $4,267 for each of 12 months per year. Students receive 12 terms of fellowship and TA/RA for 3 terms.